This book focuses on the construction of the economic policies of the Economic and Monetary Union (EMU) and its institutions. It reviews the faltering economic performance of the EMU countries before and after the onset of the financial crisis. It exposes the shortcomings and design faults of the EMU project on fiscal and monetary policies under the Stability and Growth Pact (SGP) and now the 'fiscal compact'. It critically examines the labour market agenda of the EMU and argues for avoidance of the neo-liberal employment policies being advocated. It proposes an alternative policy agenda for a sustainable currency union, and asks whether a currency union can be sustained without de facto political union.
Economic and Monetary Union Macroeconomic Policies
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$116.00
Description
This book focuses on the construction of the economic policies of the Economic and Monetary Union (EMU) and its institutions. It reviews the faltering economic performance of the EMU countries before and after the onset of the financial crisis. It exposes the shortcomings and design faults of the EMU project on fiscal and monetary policies under the Stability and Growth Pact (SGP) and now the 'fiscal compact'. It critically examines the labour market agenda of the EMU and argues for avoidance of the neo-liberal employment policies being advocated. It proposes an alternative policy agenda for a sustainable currency union, and asks whether a currency union can be sustained without de facto political union.
This book explores the scope and limits of macroeconomic policy in a monetary union. The focus is on pure policies, policy mixes, and policy coordination. The leading protagonists are the union...
This book applies contemporary macroeconomic theory and econometric modelling techniques in order to address policy issues relating to the CFA Franc Zone, a group of francophone African Countries...
Introduction.- Monetary and Fiscal Policies: Basic Models: Monetary Policy in Europe.- Fiscal Policies in Germany and France.- Competition between European Central Bank, German Government, and French...
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